Location: York-Hanover, PA | Metro: York-Hanover, PA MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $950 |
| 1 Bedroom | $1,040 |
| 2 Bedrooms | $1,320 |
| 3 Bedrooms | $1,750 |
| 4 Bedrooms | $1,840 |
| 5 Bedrooms | $2,134 |
| 6 Bedrooms | $2,390 |
| 7 Bedrooms | $2,581 |
| 8 Bedrooms | $2,710 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,320 | $207,620 | 0.64% | D |
| 3BR | $1,750 | $310,763 | 0.56% | F |
| 4BR | $1,840 | $394,077 | 0.47% | F |
U.S. Census Bureau data (2024)
6.7% of York Haven, PA's population are renters, indicating a modest demand for rental properties. The Fair Market Rent (FMR) for ZIP code 17370 in fiscal year 2024 is set at $1170, which serves as a benchmark for rental prices in the area. However, the actual market rent, as per Census ACS data, stands slightly higher at $1,229, suggesting that landlords can potentially charge above the FMR without significant pushback from tenants. The median home value in the region is $317,093, reflecting a stable housing market. For those considering Section 8 participation, it's crucial to note that the median income in York Haven is $89,895, which means that many residents might be eligible for the program. Despite the lack of specific data on days on market (DOM) and the percentage of homes needing price cuts, the slight premium over the FMR indicates a competitive but manageable rental market. Given these factors, participating in Section 8 can provide a steady stream of income, backed by government subsidies, while maintaining a reasonable occupancy rate. The N/A values for DOM and price-cut share imply that there isn't a significant issue with vacancies or the need to reduce asking prices, further supporting the stability of the rental market. Landlords and small-portfolio investors should consider the benefits of Section 8, such as guaranteed rent and lower vacancy rates, alongside the potential drawbacks like strict property standards and limited rent increases. With the FMR at $1170 and market rents at $1,229, the gap between the two suggests a viable opportunity for those willing to meet the program's requirements. The median income figure of $89,895 also points to a demographic that could benefit significantly from subsidized housing, thus increasing the likelihood of finding qualified tenants. In conclusion, despite the limited data on certain metrics, the overall economic indicators suggest that Section 8 participation in York Haven, PA can be a financially sound decision for landlords.
Verdict: Section 8 is a viable option in York Haven, PA, given the modest renter share and competitive market rents.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.